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Bullboard - Stock Discussion Forum Hut 8 Corp T.HUT


Primary Symbol: HUT

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Did Hut8 just DUMP 1/3 of their Bitcoins?
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Post by mrmomo on Jun 19, 2024 9:48am

Did Hut8 just DUMP 1/3 of their Bitcoins?

Lots of rumors......good & BAD.... swirling around the company........especially due to the lack of ANY recent news, including the massive delay in releasing their monthly production numbers for May. Which are way beyond late......for some unkonwn reason.... and what i consider as ......being normal.So what's really going on in company.........? As a s/h.....i definitely WANT to kF thnow WTH is going on here.....!

IF these so called rumors are indeed TRUE.....that Hut8 mgmt has indeed DUMPED 1/3 of their "valuable" Bitcoin holdings...........then my friends.....this is not only concering....but a completely dumbaZZ stupid move....IF TRUE. If these rumors are accurate, even somewhat.......then as i loyal long time s/h......i would be VERY upset that they dumped those precious coins so quickly, so cheaply at these totally depressed low prices......when they had OTHER VIABLE options to be considered first.

My assessment? If these WILD rumors are true.....it woulddefintely make me re-think my investment here, as this would inidicate to me that this new, brash & inexperienced Ceo & it's mgmt team does not have the s/h's best interests in mind and they greatly differ from my own. So there better be a VERY VERY good reason WHY they did this.......IF they did.....And honestly......i can't see or come up with one.......which makes any sense at all....

Hopefully for our sakes.......Hut 8 will quash these rumors.......promptly.....without question or doubt in the coming days......and they will release some great news worthy of the company's reputation!......and for the benefit of ALL Hut s/h.............

GLTA

Comment by mrmomo on Jun 20, 2024 10:16am
The stock is really starting to move now.......i guess "some" news is imminent......ANY day now. Hopefully before the week-end. BUT.....Still NO NEWS on their production numbers for May.........BUT........i figure the BIG delay is most likely intentional & purposely being done.....to mask those awful numbers for May with some "other" GREAT news .......maybe some ...more